> For the complete documentation index, see [llms.txt](https://bro-teach-me-crypto.gitbook.io/hq/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://bro-teach-me-crypto.gitbook.io/hq/readme/the-interactive-glossary.md). # The Interactive Glossary Each definition is linked to a YouTube video. Click on it to learn more! [Bitcoin](https://youtu.be/mrBHbQWEl9o?si=Dd8u9FjYy6nWGF9v\&t=225) - The blockchain which BTC exists upon. [Block](https://www.youtube.com/shorts/eVAQCgkFQH4) - A group of data that is bundled together, and stored on the blockchain. [Blockchain](https://www.youtube.com/watch?v=mrBHbQWEl9o\&t=1s) - A distributed database, a more secure and transparent way to store data. [BTC](https://youtu.be/jcvjGA5f110?si=XsrRK0qM3eeNV5qq\&t=140) - The native token of the Bitcoin blockchain, and the largest cryptocurrency by market value. [CEX](https://www.youtube.com/watch?v=eIWsc8GYbiU) - Short for "centralised exchange" is a platform where you can exchange fiat currency for crypto with an intermediary. [Crypto](https://www.youtube.com/shorts/QOO-GD_5rQw) - A virtual form of money, secured by cryptography, which runs atop of blockchains. [Cryptography](https://www.youtube.com/shorts/9QX6-vSj3ik) - A method of securing information and communication, crucial to crypto. DeFi - Short for "decentralised finance" a sector of crypto focused on building finance on-chain. [Derivative](https://www.youtube.com/shorts/owV8rZjtLS4) - An asset that derives its value from another underlying asset. [DEX ](https://www.youtube.com/watch?v=eIWsc8GYbiU)- Short for "decentralised exchange" is a peer-to-peer exchange, there isn’t a middleman to connect trades, it’s done by code. [Drift ](https://app.drift.trade/ref/broteachmecrypto)- A decentralised perpetuals future exchange built on Solana. Its token is $DRIFT. [Federal Reserve](https://www.youtube.com/shorts/ED5wv4tdkHk) - The US central bank, in charge of monetary policy, such as interest rates. [Fiat Currency](https://www.youtube.com/watch?v=eIWsc8GYbiU) - Used in crypto-speak to describe government issued currency such as USD & GBP. [Future](https://www.youtube.com/shorts/f1KfjaTd8HQ) - A financial contract to trade at a predetermined price, date and amount. [Interest Rate](https://www.youtube.com/shorts/hBjtb2picqw) - The cost of borrowing, and the rewards to lending and saving. [Jupiter ](https://jup.ag/)- A well known aggregator and DeFi platform on Solana. Its token is $JUP. [Leverage](https://www.youtube.com/shorts/NDi4n89IZzo) - A tool that allows traders to trade with a larger position than they would otherwise have. [Liquid Staking](https://www.youtube.com/watch?v=mQVe_jM0eUI\&t=1s) - A novel form of staking that doesn't involve the lockup of stake. [Long](https://www.youtube.com/shorts/BhLNZP_tIJU) - To buy an asset with the expectation that its price will increase. [LST ](https://www.youtube.com/watch?v=mQVe_jM0eUI\&t=1s)- Short for "liquid staking token" a placeholder token used in liquid-staking. [Native Staking](https://www.youtube.com/watch?v=mQVe_jM0eUI\&t=1s) - A form of staking that requires the lockup of stake. [Native Token](https://www.youtube.com/watch?v=jcvjGA5f110) - The token used on a L1 to pay transaction fees and reward validators. (e.g. SOL) [Perpetual Future](https://www.youtube.com/shorts/h44PyfmukcA) - A futures contract that never settles. [Phantom](https://youtu.be/eIWsc8GYbiU?si=boW1MYkrd4RkMOmG\&t=415) - A well known crypto wallet. [Pool ](https://www.youtube.com/watch?v=mQVe_jM0eUI)- A collection of tokens held in one place, usually used for staking and by DeFi protocols. [Pricing In](https://www.youtube.com/shorts/47wPWcMLfwI) - When today’s market price reflects the impact a future announcement. [Sanctum ](https://www.sanctum.so/)- A LST aggregator and issuer. Its token is $CLOUD. [Short](https://www.youtube.com/shorts/BhLNZP_tIJU) - A trade to bet on the depreciation of an asset’s price. [Smart Contract](https://youtu.be/jcvjGA5f110?si=m_3LGPOzfg5XXmj8\&t=665) - Self-executing code stored on the blockchain. [SOL ](https://www.youtube.com/watch?v=jcvjGA5f110)- Solana’s native token. [Solana](https://www.youtube.com/watch?v=jcvjGA5f110) - A high performance, cost-efficient, smart-contract blockchain. [Spot Market](https://www.youtube.com/shorts/owV8rZjtLS4) - A market where trades settle immediately, and you actually own the asset you bought. [Stake ](https://www.youtube.com/watch?v=mQVe_jM0eUI)- The crypto-assets that you lock up during staking. [Staking ](https://www.youtube.com/watch?v=mQVe_jM0eUI)- The process of locking up crypto-assets, such as SOL, to support the running of a blockchain or app, typically receiving rewards in return. [Transaction](https://www.youtube.com/shorts/eVAQCgkFQH4) - When one party sends crypto to another or any interaction with the blockchain. [Wallet](https://youtu.be/eIWsc8GYbiU?si=OwHW3tGRagFIj2Ly) - Equivalent to a bank account—where you store your crypto-assets. [Wallet Address](https://youtu.be/B8pGrNJOfYE?si=bDUY8Y5hRfkmY5iC\&t=540) - A string of numbers and letters which identifies your wallet. \ [Return to HQ.](/hq/readme.md)